https://www.taxtmi.com/caselaws?id=192945 The Tribunal allowed the appeal of the assessee on both counts: the reopening of the assessment under Section 148 was not justified, and the addition based on the low gross profit rate was not sustainable. The order was pronounced in the open court on 10/08/2016. en-us Wed, 10 Aug 2016 00:00:00 +0530 Wed, 05 Jul 2017 10:45:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=192945 The Tribunal allowed the appeal of the assessee on both counts: the reopening of the assessment under Section 148 was not justified, and the addition based on the low gross profit rate was not sustainable. The order was pronounced in the open court on 10/08/2016. Case-Laws Income Tax Wed, 10 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=192945